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SBI SecuritiesAn SBI Group Company
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NRI Investment from Australia

Complete guide for Australia-based NRIs to invest in Indian markets

Key Benefits for Australia NRIs

βœ“Favorable timezone overlap
βœ“Strong DTAA provisions
βœ“Growing investment interest
βœ“Easy remittance options
βœ“Full market access
πŸ‘₯

0.7M+

NRI Population

πŸ’°

AUD

Currency

πŸ“‹

Active

DTAA Status

πŸ•

AEST/AWST

Timezone

Investment Options

1
Direct equity investment
2
Mutual funds
3
NRE/NRO Fixed Deposits
4
Government securities
5
IPOs

Tax Treaty Benefits (DTAA)

India-Australia DTAA provides tax relief. Capital gains primarily taxable in country of residence. Dividends taxed at 15% in India under treaty.

Note: Tax laws are subject to change. Please consult a qualified tax advisor for personalized guidance on your specific situation.

Documents Required

πŸ“„Valid Australian visa/PR
πŸ“„TFN (Tax File Number)
πŸ“„Australian address proof
πŸ“„PAN Card
πŸ“„Indian passport
πŸ“„Bank statements

Remittance from Australia

Maximum LimitNo specific limit
Transfer Time1-2 business days

Recommended Channels:

WiseOFXBank wire

Important Restrictions

⚠Cannot invest in agricultural land
⚠ATO reporting requirements
⚠CGT implications in Australia

How to Open NRI Account from Australia

1

Submit Application Online

Fill the online NRI account opening form on SBI Securities website

2

Upload Documents

Upload passport, visa, address proof, and PAN card

3

Video KYC

Complete video verification (or visit nearest SBI branch)

4

PIS Permission

Get PIS approval from your NRE/NRO bank

5

Start Trading

Fund your account and start investing in Indian markets

Frequently Asked Questions

Can Australian NRIs trade in Indian market?β–Ό

Yes, NRIs in Australia can trade Indian stocks through PIS. Market hours overlap allows trading in early morning Australian time.

What are the tax implications?β–Ό

Under India-Australia DTAA, most gains are taxable in your country of residence. You can claim foreign tax credits to avoid double taxation.

Open NRI Account

Start investing in India from Australia with SBI Securities

  • βœ“ Zero account opening charges
  • βœ“ 100% online process
  • βœ“ Dedicated NRI support
  • βœ“ Backed by SBI
Open Free Account

Account opens in 24 hours

NRI Helpdesk

πŸ“ž+91-22-26449200
πŸ“§nri@sbisecurities.in
πŸ•‘Mon-Fri: 9 AM - 6 PM IST